The table below shows the MLS Hotness Ratios for Homes in Allen, Frisco, McKinney, Plano and other North Dallas Suburbs
| Area Name | Hotness Ratios |
| The Colony | 32.8 |
| Garland | 31.1 |
| Princeton ISD | 30.6 |
| Richardson | 29.5 |
| Sachse/Rowlett | 29.1 |
| Frisco/Denton County East | 28.4 |
| Anna ISD | 27.3 |
| Carrollton/Farmers Branch | 27.2 |
| McKinney | 26.4 |
| Prosper ISD | 25.9 |
| Allen ISD | 25.8 |
| Plano | 25.6 |
| Wylie | 23.4 |
| Lovejoy ISD | 21.8 |
| Celina ISD | 20.7 |
| Addison/Far North Dallas | 16.4 |
The Hotness Ratios were calculated using February 2012 MLS statistics by the Real Estate Center at Texas A & M University.
The Hotness Ratio formula is simply: Pending Sales/Active Listings.
Big Hotness Ratios indicate that homes are selling at a brisk pace.
Small Hotness Ratios indicate that homes are lingering on the market.
For example, Plano had 201 homes pending out of 784 active listings. Therefore, Plano had a hotness ratio of 25.6 (201/784).
In another example, Richardson had 70 homes pending out of 237 active listings. Therefore, Richardson had a hotness ratio of 29.5 (70/237).
The biggest Hotness ratio was The Colony at 32.8. This indicates a pretty good Sellers Market in The Colony.
The smallest Hotness ratio was Addison/Far North Dallas at 16.4. This indicates a little bit weaker market in the Addison/Far North Dallas area.
If you are curious how much your home is worth, then please visit
Free Comparative Market Analysis (CMA).
To search the MLS computer for homes currently on the market, please visit
http://www.robertlerner.com/cgi-bin/links/ybf.cgi?url==http://www.mlsfinder.com/tx_ntreis/robertlerner/index.cfm?action=newsearch&searchtype=city
I look forward to hearing from you.
Robert Lerner
Full-time Realtor since 1993
RE/MAX Premier Properties
2100 Dallas Parkway #102
Plano, Texas 75093
Cell/text: 972-979-0662
Website: www.RobertLerner.com
Email: Robert@RobertLerner.com
Blog: www.AllAboutNorthTexas.com
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